$25,000
SOLD MAR 24, 2015
2 Beds
1 Bath
1,657 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

17% Below List Price

70 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Eat-In Kitchen
  • Wall to Wall Carpet

About This Home

As of June 2021

This duplex is located in the Orange Mound area. The units are 2 BR. The scheduled monthly rents are $700/month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/05/2015

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/05/2015

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1944

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Barron Heights Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 047070 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 2762
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Freestanding: Yes
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.09
  • Estimated Sq Ft: 1657
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Appliances Equipment: Refrigerator
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: SW PT 34
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 176471

Rental Info

  • Tenants Pay: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 047070 00023

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 30, 2021
Sold by
Lee Kevin Cheng Dar and Lee Living Trust
Bought by
Pham Tai
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Total Days on Market
70
Current Estimated Value
$112,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,189
Avg. Annual Appreciation
6.65%
Original Mortgage
$64,500
Outstanding Balance
$59,029
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$53,160

Purchase Details

Listed on
Jan 5, 2015
Closed on
Mar 20, 2015
Sold by
Bates Willie E and Bates Jo Ellen
Bought by
Lee Kevin Cheng Dar and Lee Living Trust
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $87,000 Local Title Llc
Warranty Deed $25,000 Close Track Closing & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $87,000 -8.3% $53 / Sq Ft
03/25/2021 03/25/21 For Sale $94,900 +279.6% $57 / Sq Ft
03/24/2015 03/24/15 Sold $25,000 -16.7% $15 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $30,000 -- $18 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $549 $35,320 $3,920 $31,400
2024 $549 $16,200 $1,600 $14,600
2023 $987 $16,200 $1,600 $14,600
2022 $987 $16,200 $1,600 $14,600
2021 $1,173 $16,200 $1,600 $14,600
2020 $991 $13,680 $1,600 $12,080
2019 $437 $13,680 $1,600 $12,080
2018 $437 $13,680 $1,600 $12,080
2017 $546 $16,680 $1,600 $15,080
2016 $766 $17,520 $0 $0
2014 $766 $17,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9942623

Memphis Area Association of REALTORS®

APN: 04-7070-0-0023